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20110726
20110726
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CSPAN 7
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Search Results 0 to 6 of about 7
CSPAN
Jul 26, 2011 6:00am EDT
savings from winding down the wars in iraq and afghanistan. these are real savings that cbo scores at about $1 trillion. we know that some republicans will quibble over these savings but they have no leg to stand on. but wars are the second biggest policy driver of our deficits after the bush tax cut for the conduct and the worst ads to our debt, to is undeniable that winding down the war's delivers savings. the administration tells us with the wind down, they can't prosecute -- they can count on billions of dollars over the next decade the cbo count $1.67 trillion. we know the republicans agree theythis mstath because included the same settings in the ryan budget that passed the house. they never criticized that accounting and it is hard to see how they could do so now. lastly, senator reid's proposal allows for a joint committee that has the potential to achieve deeper savings down the road. all in all, this is an offer that republicans cannot refuse. all of the cuts in center repots proposal have been supported at one point or another by republicans. if they refuse this offer, i
CSPAN
Jul 26, 2011 10:00am EDT
of honorable and distinguished service, but the fact remains that the fundamental realities in afghanistan haven't changed. "the new york times" put it plainly, noting that the general is, and i quote them, "the general is leaving behind a country racked by deep political instability whose fledging security forces are fighting a weakened but deadly insurgency that kills coalition troops and afghan civilians and officials nearly every day." that's a pretty damning assessment, mr. speaker, and it's accurate. in recent weeks two of president karzai's most powerful allies, including his brother, have been gunned down by the taliban. and ordinary afghan citizens are caught in the line of fire as never, never before. the u.n. recently reported that more afghan civilians were killed in the first half of 2011 than in any other six-month period since the war began. some these casualties are the accidental result of errant attacks and night raids by u.s. and nato forces. but the overwhelming majority of civilian deaths came at the hands of insurgents often using suicide bombers. there were nearly 1,
CSPAN
Jul 26, 2011 7:00am EDT
in afghanistan and iraq and not really cutting the deficit. we're boring 40 cents on the dollar for every dollar that we spend in washington. and we cannot keep doing this. one thing i like to see is the repeal of obamacare. that alone would save us $2.5 trillion in the next 10 years. as far as the reid plan, i like to see him get it through the senate. i did not think that it would pass. host: couple we go to an independent in michigan, here is what the "new york times calls " says this morning. go ahead. caller: i called my representative yesterday and asked him to work with the president to compromise and make sure that the debt ceiling is raised over into 2013. this is destroying our economy. host: where do you see compromise? caller: th reid plan has cuts and take this off the table until 2013. i think that that makes sense. host: so you do not agree with republicans on this. caller: i do not. there is trillions of dollars being cut. let's take this and we don't want to make this something that the rest of the world is going to use against us. our dollar is worth nothing in the last 10 year
CSPAN
Jul 25, 2011 11:00pm EDT
-- the other factor is that we are now drawing down the cost of our military efforts in afghanistan and iraq. last year we spent a little over $150 billion. this year we'll spend a little over $100 billion. and the plan is to soon be down to at least $50 billion in two or three years. so over the ten-year period there'll be about eight years at nearly $50 billion or so spent on the war instead of $150 billion. that's part of the plan that we've been operating on for a long time. $150 billion for the war is not baseline expenditure of the united states. it was never projected to continue at that level, so hopefully we could bring it below $50 billion. maybe we went get to $50 billion. i don't know. but what is the reasonable estimate? i think the house republicans and the president said it would drop to $50 billion, and that would be the baseline out there for the rest of the time. that's $1 trillion. that's $1 trillion. so you take $1 trillion out of the $2.7 trillion, you're down to $1.7 trillion. and another thing that's scored in that, since that $1 trillion in war costs is scored the way
CSPAN
Jul 25, 2011 8:00pm EDT
. $2.70 trillion in spending cuts, including money saved from ending the war is in iraq and afghanistan. chuck schumer and senator reid spoke about the proposal with reporters for about 25 minutes. >> senators durbin and moynihan are on an airplane. unfortunately, they are not here. but they are on their way. i spent all weekend trying to work something out with republicans. instead of moving forward, we went backwards. one example -- our spending this year for the military is that $700 billion. that is more money for the military than the rest of the country's put together. you would think that in this debate that we have, they could chip in a few bucks to cut some spending. this weekend, the republicans wanted to raise spending. something modest, something the pentagon could live with. over the weekend, lo and behold, more funding for the pentagon. so, rather than trying to work with us on something as obvious as this to save money, they went their own direction. the economy has been forced to have the same debate on the same subject a few months from now. republicans and their short-
CSPAN
Jul 26, 2011 2:00am EDT
down the cost of our military efforts in afghanistan and iraq. last year we spent a little over $150 billion. this year we'll spend a little over $100 billion. and the plan is to soon be down to at least $50 billion in two or three years. so over the ten-year period there'll be about eight years at nearly $50 billion or so spent on the war instead of $150 billion. that's part of thelan that we've been operating on for a long time. $150 billion for the w is not baseline expenditure of the united states. it was never projected to continue at that level, so hopefully we could bring it below $50 billion. maybe we went get to $50 billion. i don't know. but what is the reasonable estimate? i think the house republicans and the president said it would drop to $50 billion, and that would be the baseline out there for the rest of the time. that's $1 trillion. that's $1 trillion. so you take $1 trillion out of the $2.7 trillion, you're down to $1.7 trlion. and another thing that's scored in tt, since that $1 trillion in war costs is scored the way mr. reid scored that, which is phantom money,
CSPAN
Jul 26, 2011 5:00pm EDT
their lives in the service of our nation in iraq and afghanistan and their families and of all who serve in our armed forces and their families. the chair: without objection, two-minute voting will continue. the unfinished business is the request for a railroaded -- vord -- recorded vote on amendment number 2 by the gentleman from illinois, mr. rush, on which further proceedings were postponed, on which the noes prevailed by voice vote. the clerk will redesignate the amendment. the clerk: amendment number 2 printed in house report 112-181, offered by mr. rush of illinois. the chair: a recorded vote has been requested. a sufficient number having risen, a recorded vote is ordered. this will be a two-minute vote, followed by a series of additional two-minute votes. [captioning made possible by the national captioning institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the chair: on this vote, the ye
Search Results 0 to 6 of about 7